These Model Insurance Requirements for a Ground Lease (the “Model Insurance Requirements”) consist of an extensive and detailed set of up-to-date insurance requirements suitable for use in a ground lease (a “Lease”). The Model Insurance...
USE OF JOINT SPOUSAL TRUSTS IN COMMUNITY PROPERTY STATES: STILL THE GOLD STANDARD OF ESTATE PLANNING?
Unlike common law states that have not historically favored the use of a single joint revocable trust for spouses (hereafter referred to as the Joint Spousal Trust or JST), the JST has long been the gold standard estate planning tool of choice in...
THE FIRST QUARTER OF 2021 IS OVER: WHERE ARE WE IN NEW YORK?
Like every other aspect of life in New York over the past year, real property leasing, lending, and sales have been turned upside-down by the Covid-19 pandemic. Countless tenants and property owners have failed to pay full rent or mortgage...
FIVE FEDERAL TAX ISSUES TO CONSIDER WHEN SERVING ON THE BOARD OF A PUBLIC CHARITY
Being invited to serve on the board of a charity you care about is often a wonderful honor and an exciting opportunity. Nonprofit organizations are well served to include an attorney on the board who can help identify, among other legal threats,...
TWELVE DEPOSITION PRINCIPLES, MECHANICS, STRATEGIES, AND PRACTICES
This chapter addresses 12 basic deposition principles, mechanics, strategies, and practices, including who may be deposed, when, where, and how to get them there, limitations on the number and duration of depositions, the relationship between...
FUNCTIONAL ANALYSIS OF CAPITAL CALCULATIONS IN VALUATION AND DAMAGES DISPUTES (CHECKLIST)
Legal counsel often retain specialized analysts to perform valuation, damages, or transfer price analyses. These analyses may relate to disputes involving taxation, shareholder rights, condemnation and eminent domain, bankruptcy, all types of...
PRACTICAL FEEDBACK FROM ACTIVE DIRECTORS
There is an increasing supply of qualified candidates looking for their first board seat with a private company. Experienced directors understand how the process works, and what to expect. First-time candidates, however, are thirsty to learn how...
ATTORNEYS AND APPRAISERS MUST COLLABORATE TO PROTECT THE RIGHT TO JUST COMPENSATION
“‘… [W]hen the court adopts the standards of the market place in making valuations there is no reason why it should close its eyes to how the market place arrives at and applies the standards. …‘, ‘It is difficult to perceive why testimony, which...
ALI CLE Quick Tips: Frustration-Free Contract Drafting in Microsoft Word
Join Craig Brody for this quick hit information on how to reduce frustration when drafting contracts in Microsoft Word! https://www.youtube.com/watch?v=399NENrORI4 Interested in learning more? Be sure to catch tips like this and much more during...